#CEXvsDEX101

When trading crypto, you’ll first choose between a centralized exchange (CEX) or a decentralized exchange (DEX).

CEXs like Binance and Coinbase offer high liquidity, fast trades, and easy-to-use interfaces—but you must trust them with your funds.

DEXs like Uniswap and PancakeSwap give you full control and more privacy but often have lower liquidity and can be harder to use.

Each has pros and cons—your choice depends on what matters most: security, control, or convenience.